Sourcing Category Manager responsible for managing IT Category Management indirect spend at CVS Health. Developing strategies to drive P&L value while collaborating with business leaders and stakeholders.
Responsibilities
Develop and maintain short, medium, and long term category sourcing plans, spend profiles, and pipeline
Schedule and maintain cadence of regularly scheduled sourcing category reviews and planning sessions with key leaders within the assigned business area; establish self as category sourcing expert
Guide analyst base on sourcing activities to ensure successful execution of RFx events for category
Accountable for quantifying and delivering against savings targets for category
Serve as execution lead on major Sourcing events with high complexity, spend, and/or visibility
Educate business partners on policies and processes in place to support Strategic Sourcing; communicate and demonstrate team’s value proposition
Maintain status of all completed, active, and planned sourcing activities to review with Strategic Sourcing management
Effectively communicate Strategic Sourcing’s value proposition and goals to key leaders and stakeholders
Leverage spend analytics, market intelligence, and expiring contracts reporting to continuously build pipeline of opportunities for sourcing to address within category
Maintain strong working relationship with CVS Health’s business and vendor management teams, ensuring that Strategic Sourcing is engaged early on all prospective engagements requiring vendor support
Work with stakeholders to develop bid strategies and create effective scope of work documents for competitive bid processes
Develop processes to ensure that CVS Health’s business stakeholders are utilizing preferred suppliers wherever possible, thereby leveraging the enterprise’s scale to drive greater value for the company
Collaborate with CVS Health’s contracting team to identify new and creative approaches to contracting with vendor partners
Requirements
7+ years working experience
5-8 years of professional experience related to Sourcing & Category Management, Finance, Supply Chain, Procurement, Analytics, Project Management, or Management Consulting
Ability to travel up to 10% for supplier presentations, site visits, and key department meetings at RI Headquarters (no more than quarterly)
Bachelor’s degree is required
Possess a strong business acumen and high level of problem solving and critical thinking skills
Excellent verbal communication and interpersonal skills, with an ability to confidently and expertly interact with internal and external stakeholders
Strong analytical ability, strategic thinker, learn and process new information quickly
Strong organization and project management skills
Shown ability to handle multiple tasks without direct supervision, while paying strong attention to detail and follow-up
Intellectually curious, eager to gain new experiences, qualifications, and responsibilities
Negotiation Skills / Experience
Vendor Management / Consolidation Experience
Experience with electronic sourcing platforms, such as Ariba eSourcing, is a plus
MBA preferred.
Benefits
Affordable medical plan options
401(k) plan (including matching company contributions)
Employee stock purchase plan
No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
Paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.
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